“We might just have to get used to words such as ‘downslide’ for the next several months,” says Bob Willis, ECA president. “Electronic components are the building blocks for all things electronic, so our market is inextricably linked to the economy and spending. Like everyone else, electronic component manufacturers are looking to stay as healthy as possible until better times arrive.”
NEENAH, WI -- Plexus Corp. is headed to Romania. The EMS company has signed a deal to lease a 72,000 sq. ft. facility in Oradea, on the Hungary/Romania border, its first in the Eastern European nation.
MINNEAPOLIS – CyberOptics will lay off 24 employees and consolidate
manufacturing in Minneapolis, the company said.
EL SEGUNDO, CA -- The ongoing slump in electronics demand has prompted iSuppli to further cut its growth expectations for EMS and ODM companies.
The research firm lowered its forecast to a 9.9% drop for 2009, to $270.8 billion. That's a revenue drop of nearly $30 billion from 2008.